One-Year T-Bills Yield Soars to 22.52% Amid Liquidity Challenges
In a surprising development, the Central Bank of Nigeria (CBN) sold its one-year Treasury bills at a yield of 22.52%,…
Month: March 2025
Ghanaians Embrace Savings Amid Economic Struggles, Report Shows
Amid rising financial pressures and ongoing economic challenges, Ghanaians are increasingly prioritizing savings as a means of securing long-term financial…
Stocks Decline by N48bn as Cautious Trading Persists on NGX
The Nigerian equities market experienced a slight downturn on Wednesday, March 12, 2025, with stocks shedding N48 billion in market…
Bitcoin’s Bear Market Hits New Investors Hard as Crypto Faces Setbacks
The latest bear market in Bitcoin has significantly impacted newer investors who rushed into the cryptocurrency during its peak last…
Trump’s Global Moves Shake Markets: $5 Trillion Losses and Volatility Surge
In recent weeks, U.S. President Donald Trump’s actions have caused significant shifts in global financial markets, contributing to a dramatic…
United Capital Announces N0.50 Final Dividend for 2024, Sets Qualification Deadline
United Capital Plc has declared a final dividend of N0.50 per share for the year ending December 31, 2024. The…
Experts Stress Research’s Key Role in Economic Growth at Omniverse Africa Summit 2025
The Research Exchange event, part of the Omniverse Africa Summit 2025, underscored the vital role of research in fostering economic…
Digital Rights: EU, NBA, Others Tackle FG Over Misuse Of Cybercrime Law
The European Union (EU), Nigerian Bar Association (NBA), and other key stakeholders in the justice sector have raised concerns over…
Stock Market Declines by N48.45bn Amid Sell-Off on Key Stocks
The Nigerian stock market continued its downward trend yesterday, dropping by N48.45 billion, marking its second consecutive day of decline.…
European Markets Struggle as Trump Tariffs Spark Trade Concerns
European markets opened lower on Thursday, weighed down by President Donald Trump’s tariff policies, which continue to disrupt global trade…
Ghana Faces GHS 55 Billion Financial Crisis at BoG, ECG, and COCOBOD – Ato Forson Reveals
Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is facing a critical financial crisis,…
Stocks Decline as Trump’s Tariffs Weigh on Market Sentiment, Gold Nears Record High
Asian stocks saw a dramatic reversal on Thursday, slipping from initial gains into losses due to concerns over the economic…
Tinubu’s Reforms Boost Nigeria’s Oil Sector with $17B Foreign Investment
In 2024, President Bola Tinubu’s oil and gas sector reforms attracted approximately $17 billion in foreign investment to Nigeria. According…
CBN Leadership Overhaul Aimed at Boosting Efficiency and Productivity
The Central Bank of Nigeria (CBN) has appointed 16 new directors as part of a strategic overhaul to improve its…
UK and Nigeria Launch Creative Industries Technical Working Group
In a significant move towards strengthening bilateral relations, the United Kingdom and Nigeria have officially launched the Creative Industries Technical…
Africa’s Progress in Data Protection: Key to Secure Digital Finance Growth
A new report by Yellow Card highlights Africa’s significant strides in data protection, underscoring the critical role of strong data…
FCMB Empowers 44,278 Entrepreneurs Nationwide Through Business Growth Training
First City Monument Bank (FCMB) has successfully empowered 44,278 entrepreneurs through its Business Empowerment Sustainability and Training (BEST) masterclass programme…
FTC Pushes Forward with Antitrust Probe Into Microsoft’s Market Practices
The U.S. Federal Trade Commission (FTC) is continuing its broad antitrust investigation into Microsoft, which was initially launched during the…
Bitcoin Reserves Could Generate Up to $81 Trillion for U.S. by 2045
Michael Saylor, the executive chairman of Microstrategy, has proposed that the United States could earn between $16 trillion and $81…
Stock Markets Tumble in Nigeria and US Amid Global Uncertainty
The Nigerian stock market experienced a sharp downturn on Tuesday, with investors losing N285 billion, or 0.43 percent, as market…
House of Reps Urges CBN to Suspend ATM Transaction Charge Hike Amid Economic Strain
The House of Representatives has called for the suspension of the recent hike in Automated Teller Machine (ATM) transaction charges…
Global Markets in Retreat Amid Economic Fears Fueled by Trump’s Trade War and Job Cuts
Markets across the globe showed signs of retreat on Tuesday, following a sharp sell-off on Wall Street driven by growing…
Telcos Boost Investments to Meet Surging Data Demand in Nigeria
Telecommunication giants MTN Nigeria and Airtel Africa have ramped up their investments in network infrastructure to meet the growing demand…
Ghana’s Telecom and Digital Finance Sectors Seek Urgent Policy Support for Growth and Innovation
The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana are urging lawmakers to prioritize policies…
OpenAI Unveils New Developer Tools Amid Growing Competition from Chinese AI Startups
OpenAI has introduced new developer tools aimed at enhancing the creation of advanced AI agents. These tools are built to…
Defense Stocks Boost European Markets Amid EU Retaliation to Trump Tariffs
European markets saw broad gains on Wednesday, as investors reacted positively to the European Union’s announcement of retaliatory tariffs on…
U.S. Treasury Yields Dip Ahead of Key Inflation Data and Trade Tensions
U.S. Treasury yields fell slightly on Wednesday as investors anxiously awaited the release of the latest consumer inflation data and…
Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent Progress
Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%, labeling it as “a little…
Public-Private Partnerships Crucial to Closing Nigeria’s $100 Billion Investment Gap – Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the importance of Public-Private Partnerships (PPPs)…
FCMB Launches Business Transformation Masterclass to Empower Entrepreneurs
First City Monument Bank (FCMB) has introduced its Business Empowerment and Sustainability Training (BEST) Masterclass, aimed at equipping business owners…